3 weeks ago
4
Goldman Sachs quietly crowned CEO David Solomon the early 2025 pay leader among Fortune 500 company chiefs with a double-digit percentage raise that puts him above both JPMorgan’s Jamie Dimon and Disney’s Bob Iger.
While not all Fortune 500 companies have released their executive compensation for 2025, banking CEOs like Solomon and Dimon are among the early winners. But the most eye-popping pay drop may belong to Starbucks CEO Brian Niccol, whose 2025 compensation plummeted after he received $96 million in 2024 in front-loaded compensation for four months of work.
The double-digit Wall Street pay increases come as the six biggest U.S. banks, including Goldman and JPMorgan, brought in $157 billion in combined profits, an 8% increase that marked the industry’s best year since the pandemic, the Wall Street Journal reported.
CEO pay among some of the biggest companies in the U.S. increased steadily between 2010 and 2023, according to a study by Pay Governance, an independent consulting firm that advises compensation committees. Yet in 2024 CEO pay among S...
English (US) ·